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What Does the Future Hold for Insurance Agents' E&O?
National News • October 13, 2006
David Duncan of David C. Duncan Insurance Services in Rancho Santa Margarita, Calif., is worried about whether and how much the cost of his agency errors and omissions insurance might go up next ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: What's in the future for E&O | Eric | Feb 11, 2008, 6:10 pm |
| What's in the future for E&O | Joe Petrelli | Aug 16, 2007, 6:50 am |
| E&O | Bill P | Oct 16, 2006, 12:26 pm |
| responding to RT and others | Agent 007 | Oct 15, 2006, 6:07 pm |
| RE: Agents and Brokers E&O coverage | rt | Oct 14, 2006, 6:40 pm |
| rate increase | wudchuck | Oct 14, 2006, 9:52 am |
| RE: nancy | Truth | Oct 14, 2006, 12:35 am |
| Agents and Brokers E&O coverage | Hal | Oct 13, 2006, 7:04 pm |
| nancy | LL | Oct 13, 2006, 6:43 pm |
| RE: RE: In response to Walter | Truth | Oct 13, 2006, 6:13 pm |
| RE: In response to Walter | Walter | Oct 13, 2006, 5:56 pm |
| RE: If response to Lisa | bob laublaw | Oct 13, 2006, 3:36 pm |
| RE: E & O Premium | K | Oct 13, 2006, 1:29 pm |
| E & O Premium | Scott | Oct 13, 2006, 1:20 pm |
| RE: E & O Premium | mark | Oct 13, 2006, 1:17 pm |
| In response to Walter | Nancy | Oct 13, 2006, 1:08 pm |
| RE: RE: RE: E & O Premium | J. Greeneberg | Oct 13, 2006, 1:00 pm |
| RE: In response to Lisa | Fred | Oct 13, 2006, 12:58 pm |
| RE: RE: E & O Premium | Mister Insurance | Oct 13, 2006, 12:56 pm |
| E&O pricing | Insurance Poor | Oct 13, 2006, 12:53 pm |
| RE: E & O Premium | DB | Oct 13, 2006, 12:46 pm |
| RE: If response to Lisa | Walter | Oct 13, 2006, 12:45 pm |
| If response to Lisa | Nancy | Oct 13, 2006, 12:30 pm |
| RE: RE: E & O Premium | Mark | Oct 13, 2006, 11:51 am |
| RE: E & O Premium | Lisa | Oct 13, 2006, 10:32 am |
| E & O Premium | Nancy | Oct 13, 2006, 9:08 am |
| E&O Cover for Insurance Agents | Y. Solides | Oct 13, 2006, 3:08 am |
| Back to article | ||
Subject: RE: RE: E & O Premium
I will have to agree w/ Lisa here. You DO get what you pay for. Not saying all non-admitted paper is bad but I don't think the claim handling and coverage would compare with a more prominent, admitted carrier. I know the carriers are limited here in CA so I'm sure many agents are with Lloyds, Arch, etc.
Also, in response to Walter- I don't think it's unreasonable to tell a client you get what you pay for. Insureds already have the wrong mentality when it comes to buying insurance. An insured is not going to pay a signifant amount more for a better policy form / coverage- maybe in a different dimension...
As far as Allstate agents having it lucky for E&O? Yes. Competitive insurance products? Nope.
I tell it like it is...